Short Interest in Total Return Securities, Inc. (NYSE:SWZ) Increases By 78.3%

Total Return Securities, Inc. (NYSE:SWZ) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 7,355 shares, an increase of 78.3% from the April 30th total of 4,126 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 74,887 shares, the short-interest ratio is currently 0.1 days.

Total Return Securities Trading Down 0.5%

Shares of Total Return Securities stock opened at $5.97 on Tuesday. The firm’s 50-day moving average is $6.01 and its two-hundred day moving average is $6.07. Total Return Securities has a 1 year low of $5.84 and a 1 year high of $6.43.

Insider Activity at Total Return Securities

In other news, CEO Andrew Dakos acquired 5,500 shares of Total Return Securities stock in a transaction that occurred on Thursday, May 28th. The shares were bought at an average cost of $5.99 per share, with a total value of $32,945.00. Following the transaction, the chief executive officer directly owned 126,000 shares of the company’s stock, valued at $754,740. This trade represents a 4.56% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, insider Phillip Goldstein purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were acquired at an average cost of $5.98 per share, with a total value of $59,800.00. Following the completion of the purchase, the insider directly owned 113,234 shares in the company, valued at $677,139.32. The trade was a 9.69% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 86,754 shares of company stock worth $519,959 over the last three months. 0.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Total Return Securities

A number of large investors have recently bought and sold shares of the business. Matisse Capital boosted its position in Total Return Securities by 0.5% during the 4th quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock valued at $3,794,000 after acquiring an additional 3,000 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Total Return Securities by 58.3% during the 3rd quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock worth $84,000 after purchasing an additional 5,100 shares during the last quarter. Uhlmann Price Securities LLC boosted its position in Total Return Securities by 6.7% during the third quarter. Uhlmann Price Securities LLC now owns 111,654 shares of the closed-end fund’s stock valued at $679,000 after purchasing an additional 7,045 shares in the last quarter. Susquehanna International Group LLP boosted its position in Total Return Securities by 89.6% during the third quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock valued at $117,000 after purchasing an additional 9,126 shares in the last quarter. Finally, Marex Group plc purchased a new position in Total Return Securities in the fourth quarter valued at about $62,000. Institutional investors own 41.12% of the company’s stock.

About Total Return Securities

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.